The Easy Money Has Already Been Made; J.C. Penney Analyst Report by SmallCapIR and Issued through BrokerBank Securities, Inc. - Penney Won't Make You A Dime!
NEW YORK, Aug. 12, 2014 /PRNewswire/ -- Consumer spending accounts for more than two-thirds of US economic activity. After a poor first quarter, mostly due to harsh weather conditions, both consumer spending and total US economic growth rebounded nicely in Q2. Now, heading into the back-to-school season – which, according to the National Retail Federation, is expected to grow 3% from last year to approximately $75 billion – many analysts are forecasting a stronger finish to 2014. While most consumers spent more on big ticket items such as cars and homes in the first half of the year, discretionary spending on retail is expected to perform better in the second half of the year helped by pent-up demand and the usual holiday season surge. Many retailers, such as J.C. Penney, depend on this second half surge in consumer spending – particularly in Q4 – given the significant portion of their total sales and profits that are recorded during this time.
J.C. Penney Company, Inc. (NYSEMKT: JCP) is a leading retailer that sells merchandise and services to consumers through its department stores in the United States. The company primarily sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, and home furnishings. Their department stores also provide customers with services, including salon styling, optical, portrait photography, and custom decorating. The company also sells its products through its website, jcp.com.
A full in-depth analyst report on JCP that includes risk factors, recent price action, short interest, technical analysis, financial position, potential revenues, competitive analysis, analyst summary, and recommendation can be viewed by using the following link at no cost:
http://bit.ly/-JCP-AnalystReport
Copy and paste to browser may be required.
About SmallCapIR
Once you read our reports written by our team of financial analysts you will understand that we make every effort to provide informative equity research reports for interested parties at no cost.
Our Financial Analysts spend countless hours researching stocks. They include stocks traded in the NYSE, NASDAQ, and OTCBB exchanges. These reports include a straightforward assessment of the company by a financial analyst who has pledged to remain free of influence when writing research reports.
Forward-Looking Disclaimer
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Compliance Procedure
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Michael Maggi, Chartered Financial Analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
A full disclaimer can be found by viewing the full analyst report.
If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries please contact us at [email protected].
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE SmallCapIR
Share this article